SEC Form 4 · accession 0001127602-16-035957
Happen, Inc. · HAPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chaomei Chen
Officer — Chief Risk Officer
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001409970
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 616,620 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $0.1775 | holding | — | — | — | — | Mar 31, 2016 | Common Stock | 568,108 | 568,108 | D |
| Stock Option (right to buy)F1,F2,F3 | $4.99 | holding | — | — | — | — | Mar 31, 2016 | Common Stock | 95,108 | 95,108 | D |
Explanation of responses
- F1The option vested as to 100% of the total shares and is currently exercisable.
- F2In connection with the reporting person's retirement from the Company, the award is due to expire on 3/31/2016.
- F3In connection with the reporting person's retirement, the Company agreed to accelerate 40,832 shares of her options.
Remarks
The reporting person retired from the Company on December 31, 2015, and this Form 4 serves as her exit filing.